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Posted on • Originally published at mlxio.com

Kraken Sparks US Crypto Derivatives Race With Bitnomial Deal

Kraken’s acquisition of Bitnomial marks a bold push into US crypto derivatives, aiming to rival CME and revive the market after FTX US’s fall.

Key takeaways

  • Why Kraken’s Bitnomial Acquisition Signals a Major Shift in US Crypto Derivatives Landscape
  • Kraken isn’t just buying Bitnomial for a shortcut; it’s betting that US crypto derivatives are finally ready to break out of their regulatory cage. After years of side...
  • Kraken’s motivation is clear: derivatives are where the real money is. Spot trading in the US remains tepid compared to Asia, but derivatives revenue dwarfs spot margi...
  • Positioning-wise, Kraken now stands shoulder-to-shoulder with CME, the only exchange offering Bitcoin and Ether futures under full CFTC oversight. Most US platforms st...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/kraken-bitnomial-us-crypto-derivatives-2026-05-04

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